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Yelp to Float New Stock Issue

– 5 hours ago @ thestreet.com: NEW YORK (TheStreet) — If you’re a long-term investor in Yelp , you should be applauding the company’s move to send the stock lower Tuesday. As part of the company’s earnings, Yelp announced it would be doing a secondary offering, raising about $250 million in Class A common stock to help shore up its balance. Its underwriters have the option to purchase an additional $37.5 million in shares …

– 20 hours ago @ marketwatch.com: Yelp’s (NYSE:YELP) shares slid nearly 6% in after-hours trading, with much of the decline coming after the company announced plans to sell an additional $250 million in stock for additional “working capital” for the money-losing online review service.

– 1 week ago @ 4-traders.com: SAN FRANCISCO, Oct. 16, 2013 /PRNewswire/ — Yelp Inc. (NYSE: YELP), the company that connects consumers with great local businesses, today announced that it will issue its financial results for the third quarter ended September 30, 2013 after the …

– 1 week ago @ marketwatch.com: SAN FRANCISCO, Oct. 16, 2013 /PRNewswire via COMTEX/ — Yelp Inc. (NYSE:YELP) , the company that connects consumers with great local businesses, today announced that it will issue its financial results for the third quarter ended September 30, 2013 …

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Mystic Maggie

All of the Mystic Maggie Posts are RSS Reader Feeds from around the web. All copyright remains with the original publisher. No copyright is claimed or intended. Where supplied, links back to the original article are included.

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